John Wiley & Sons (NYSE:WLY - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Saturday.
John Wiley & Sons Price Performance
NYSE:WLY traded up $0.79 during trading hours on Friday, hitting $43.33. The stock had a trading volume of 1,151,577 shares, compared to its average volume of 389,321. The company has a 50 day simple moving average of $41.79 and a two-hundred day simple moving average of $42.55. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.52. John Wiley & Sons has a one year low of $36.50 and a one year high of $53.96. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 28.32 and a beta of 0.88.
John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.27 by $0.10. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The firm had revenue of $442.58 million during the quarter, compared to the consensus estimate of $435.00 million. During the same period last year, the firm earned $1.21 EPS. The business's quarterly revenue was down 5.5% compared to the same quarter last year. Research analysts forecast that John Wiley & Sons will post 3.42 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Sterling Capital Management LLC lifted its holdings in shares of John Wiley & Sons by 686.1% during the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after acquiring an additional 542 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of John Wiley & Sons during the 1st quarter worth $29,000. Blue Trust Inc. lifted its holdings in shares of John Wiley & Sons by 114.6% during the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in shares of John Wiley & Sons during the 4th quarter worth $34,000. Finally, State of Wyoming bought a new stake in shares of John Wiley & Sons during the 4th quarter worth $46,000. 73.94% of the stock is owned by institutional investors.
About John Wiley & Sons
(
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John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.
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